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The Sound of One Hand Clapping - What Deflationists May Be Missing

Thursday, October 8, 2009, 8:47 AM
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This is a piece that I wrote in response to a request for a guest authorship over at ZeroHedge.  It builds on a point, made in yesterday's piece, that Switters thought had not yet been fully addressed elsewhere in the great Inflation/Deflation debate.  

I am interested in your thoughts on this line of thinking.  I will send it over to ZeroHedge later on.


My central thesis to this crisis, developed a few years before it even hit, is that the economic troubles are the symptoms, while the money system itself is the cause.

My views on this are expressed in the opening of an article that I initially penned in 2006 but updated in 2008:

 

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